Global music revenue 2019-2025, by category
According to a study from 2021, the total digital music revenue has steadily increased over the years and will continue to do so, reaching over 29 billion U.S. dollars revenue in 2025. The study also showed that after the years of the COVID-19 pandemic during which the live music sector experienced a significant loss in revenue, live music is likely to recover and reach its former level post pandemic with an estimated revenue of over 30 billion U.S. dollars in 2025.